FG Nexus Inc Financials
This page shows FG Nexus Inc (FGNXP) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 12 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Financial Health Signals
Based on FY2024 annual data. Scores normalized against common benchmarks. How we calculate these scores
FG Nexus Inc has an operating margin of -77.7%, meaning the company retains $-78 of operating profit per $100 of revenue. This below-average margin results in a low score of 0/100, suggesting thin profitability after operating expenses. This is down from -61.4% the prior year.
FG Nexus Inc's revenue surged 20.7% year-over-year to $32.0M, reflecting rapid business expansion. This strong growth earns a score of 88/100.
FG Nexus Inc carries a low D/E ratio of 0.00, meaning only $0.00 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 100/100, indicating a strong balance sheet with room for future borrowing.
While FG Nexus Inc generated -$4.7M in operating cash flow, capex of $46K consumed most of it, leaving -$4.8M in free cash flow. This results in a low score of 0/100, reflecting heavy capital investment rather than weak cash generation.
FG Nexus Inc passes 2 of 9 financial strength tests. 1 of 4 profitability signals pass, 1 of 2 leverage/liquidity signals pass, neither operating efficiency signal passes.
For every $1 of reported earnings, FG Nexus Inc generates $3.58 in operating cash flow (-$4.7M OCF vs -$1.3M net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.
FG Nexus Inc earns $-69.1 in operating income for every $1 of interest expense (-$24.9M vs $360K). This narrow margin raises concern about the company's ability to service its debt if operating income declines.
Key Financial Metrics
FG Nexus Inc generated $32.0M in revenue in fiscal year 2024. This represents an increase of 20.7% from the prior year.
FG Nexus Inc's EBITDA was -$24.0M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 55.7% from the prior year.
FG Nexus Inc generated -$4.8M in free cash flow in fiscal year 2024, representing cash available after capex. This represents a decrease of 59400.0% from the prior year.
FG Nexus Inc reported -$1.3M in net income in fiscal year 2024. This represents an increase of 91.0% from the prior year.
FG Nexus Inc earned $-2.43 per diluted share (EPS) in fiscal year 2024. This represents an increase of 93.1% from the prior year.
FG Nexus Inc held $6.6M in cash against $301K in long-term debt as of fiscal year 2024.
FG Nexus Inc had 1M shares outstanding in fiscal year 2024. This represents an increase of 40.9% from the prior year.
FG Nexus Inc's operating margin was -77.7% in fiscal year 2024, reflecting core business profitability. This is down 16.3 percentage points from the prior year.
FG Nexus Inc's net profit margin was -4.1% in fiscal year 2024, showing the share of revenue converted to profit. This is up 51.1 percentage points from the prior year.
FG Nexus Inc invested $46K in capex in fiscal year 2024, funding long-term assets and infrastructure. This represents a decrease of 72.0% from the prior year.
FGNXP Income Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $892K-94.2% | $15.3M+124.9% | $6.8M-3.4% | $7.0M-19.8% | $8.8M+6.0% | $8.3M+5.3% | $7.9M+195.8% | $2.7M |
| Cost of Revenue | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Gross Profit | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| R&D Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A Expenses | $3.4M+183.6% | $1.2M+5.8% | $1.1M+273.2% | -$645K-125.7% | $2.5M+118.9% | $1.1M+2.1% | $1.1M+122.6% | -$5.0M |
| Operating Income | $4.2M-19.7% | $5.3M+159.7% | -$8.8M-2.1% | -$8.7M-205.5% | -$2.8M+56.8% | -$6.6M+3.6% | -$6.8M-257.7% | -$1.9M |
| Interest Expense | -$13K-159.1% | $22K-33.3% | $33K+312.5% | $8K-77.8% | $36K-60.4% | $91K-59.6% | $225K+15.4% | $195K |
| Income Tax | $103K-51.0% | $210K+408.8% | -$68K-580.0% | -$10K+68.8% | -$32K+60.0% | -$80K-370.6% | -$17K+95.5% | -$379K |
| Net Income | -$3.4M-162.0% | $5.5M+156.1% | -$9.8M-13.4% | -$8.6M-148.7% | $17.7M+398.0% | -$5.9M-33.3% | -$4.4M-129.6% | -$1.9M |
| EPS (Diluted) | $-0.33-108.4% | $3.93+148.9% | $-8.03-1263.8% | $0.69-95.4% | $15.06 | $-5.46+18.6% | $-6.71 | N/A |
FGNXP Balance Sheet
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $244.7M+163.5% | $92.9M-7.4% | $100.3M-8.4% | $109.5M-5.6% | $116.0M+17.8% | $98.4M-10.8% | $110.3M+77.5% | $62.1M |
| Current Assets | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Cash & Equivalents | $7.5M-32.3% | $11.1M+95.4% | $5.7M-13.6% | $6.6M+1.6% | $6.5M+10.4% | $5.8M-18.9% | $7.2M+20.3% | $6.0M |
| Inventory | N/A | $2.3M+12.6% | $2.1M+45.6% | $1.4M-3.2% | $1.5M-41.9% | $2.5M-42.7% | $4.4M+200.0% | $1.5M |
| Accounts Receivable | N/A | $4.5M+23.0% | $3.7M+8.6% | $3.4M-29.7% | $4.8M+13.4% | $4.2M-32.5% | $6.3M+78.1% | $3.5M |
| Goodwill | N/A | N/A | N/A | N/A | N/A | N/A | $881K-2.4% | $903K |
| Total Liabilities | $13.7M-41.7% | $23.5M-35.0% | $36.2M+2.5% | $35.3M+7.7% | $32.8M-13.7% | $38.0M-13.1% | $43.7M+73.8% | $25.1M |
| Current Liabilities | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Long-Term Debt | N/A | $203K-13.2% | $234K-22.3% | $301K-18.4% | $369K-15.6% | $437K-91.9% | $5.4M-1.7% | $5.5M |
| Total Equity | $231.0M+233.1% | $69.3M+8.1% | $64.2M-13.5% | $74.2M-10.8% | $83.2M+41.6% | $58.7M-9.4% | $64.8M+84.4% | $35.1M |
| Retained Earnings | -$9.2M-71.0% | -$5.4M+48.2% | -$10.4M-4455.0% | -$229K-102.6% | $8.8M+205.1% | -$8.4M-288.2% | -$2.2M-192.5% | $2.3M |
FGNXP Cash Flow Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$632K+47.2% | -$1.2M+59.1% | -$2.9M-202.6% | -$966K-299.6% | $484K+115.1% | -$3.2M-210.9% | -$1.0M-128.8% | $3.6M |
| Capital Expenditures | N/A | $1K-92.9% | $14K+333.3% | -$6K-118.8% | $32K+966.7% | $3K-82.4% | $17K-32.0% | $25K |
| Free Cash Flow | N/A | -$1.2M+59.2% | -$2.9M-202.2% | -$972K-315.0% | $452K+114.1% | -$3.2M-206.1% | -$1.0M-129.4% | $3.6M |
| Investing Cash Flow | -$165.4M-2287.0% | $7.6M+397.8% | $1.5M-46.7% | $2.8M-52.8% | $6.0M+196.7% | $2.0M-9.0% | $2.2M+3039.5% | -$76K |
| Financing Cash Flow | $163.6M+16988.4% | -$969K-34.6% | -$720K-36.9% | -$526K+90.5% | -$5.5M-2863.4% | -$186K+70.7% | -$634K-139.2% | -$265K |
| Dividends Paid | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Share Buybacks | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
FGNXP Financial Ratios
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Operating Margin | 476.1%+441.6pp | 34.5%+164.5pp | -129.9%-7.1pp | -122.9%-90.7pp | -32.2%+46.9pp | -79.1%+7.3pp | -86.4%-15.0pp | -71.5% |
| Net Margin | -380.2%-415.9pp | 35.7%+178.9pp | -143.2%-21.2pp | -122.0%-322.8pp | 200.8%+272.2pp | -71.4%-15.0pp | -56.4%+16.2pp | -72.7% |
| Return on Equity | 1.3%-6.6pp | 7.9%+1.5pp | 6.4%-6.8pp | 13.2%-8.1pp | 21.2% | N/A | 0.1%-2.8pp | 3.0% |
| Return on Assets | -1.4%-7.3pp | 5.9%+15.6pp | -9.7%-1.9pp | -7.9%-23.1pp | 15.2%+21.3pp | -6.0%-2.0pp | -4.0%-0.9pp | -3.1% |
| Current Ratio | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Debt-to-Equity | 0.06+0.1 | 0.000.0 | 0.000.0 | 0.000.0 | 0.000.0 | 0.01-0.1 | 0.08-0.1 | 0.16 |
| FCF Margin | N/A | -7.8%+35.3pp | -43.1%-29.3pp | -13.8%-18.9pp | 5.1%+43.8pp | -38.6%-25.3pp | -13.3%-146.8pp | 133.5% |
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Frequently Asked Questions
What is FG Nexus Inc's annual revenue?
FG Nexus Inc (FGNXP) reported $32.0M in total revenue for fiscal year 2024. This represents a 20.7% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is FG Nexus Inc's revenue growing?
FG Nexus Inc (FGNXP) revenue grew by 20.7% year-over-year, from $26.5M to $32.0M in fiscal year 2024.
Is FG Nexus Inc profitable?
No, FG Nexus Inc (FGNXP) reported a net income of -$1.3M in fiscal year 2024, with a net profit margin of -4.1%.
What is FG Nexus Inc's earnings per share (EPS)?
FG Nexus Inc (FGNXP) reported diluted earnings per share of $-2.43 for fiscal year 2024. This represents a 93.1% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.
What is FG Nexus Inc's EBITDA?
FG Nexus Inc (FGNXP) had EBITDA of -$24.0M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does FG Nexus Inc have?
As of fiscal year 2024, FG Nexus Inc (FGNXP) had $6.6M in cash and equivalents against $301K in long-term debt.
What is FG Nexus Inc's operating margin?
FG Nexus Inc (FGNXP) had an operating margin of -77.7% in fiscal year 2024, reflecting the profitability of core business operations before interest and taxes.
What is FG Nexus Inc's net profit margin?
FG Nexus Inc (FGNXP) had a net profit margin of -4.1% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.
What is FG Nexus Inc's free cash flow?
FG Nexus Inc (FGNXP) generated -$4.8M in free cash flow during fiscal year 2024. This represents a -59400.0% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is FG Nexus Inc's operating cash flow?
FG Nexus Inc (FGNXP) generated -$4.7M in operating cash flow during fiscal year 2024, representing cash generated from core business activities.
What are FG Nexus Inc's total assets?
FG Nexus Inc (FGNXP) had $109.5M in total assets as of fiscal year 2024, including both current and long-term assets.
What are FG Nexus Inc's capital expenditures?
FG Nexus Inc (FGNXP) invested $46K in capital expenditures during fiscal year 2024, funding long-term assets and infrastructure.
How many shares does FG Nexus Inc have outstanding?
FG Nexus Inc (FGNXP) had 1M shares outstanding as of fiscal year 2024.
What is FG Nexus Inc's debt-to-equity ratio?
FG Nexus Inc (FGNXP) had a debt-to-equity ratio of 0.00 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is FG Nexus Inc's return on assets (ROA)?
FG Nexus Inc (FGNXP) had a return on assets of -1.2% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.
What is FG Nexus Inc's cash runway?
Based on fiscal year 2024 data, FG Nexus Inc (FGNXP) had $6.6M in cash against an annual operating cash burn of $4.7M. This gives an estimated cash runway of approximately 17 months at the current burn rate. Cash runway measures how long a company can continue operating before running out of cash, assuming no additional funding.
What is FG Nexus Inc's Piotroski F-Score?
FG Nexus Inc (FGNXP) has a Piotroski F-Score of 2 out of 9, indicating weak financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are FG Nexus Inc's earnings high quality?
FG Nexus Inc (FGNXP) has an earnings quality ratio of 3.58x, considered low quality (accrual-driven). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can FG Nexus Inc cover its interest payments?
FG Nexus Inc (FGNXP) has an interest coverage ratio of -69.1x, meaning it can struggle to cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is FG Nexus Inc?
FG Nexus Inc (FGNXP) scores 47 out of 100 on our Financial Profile, indicating moderate overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.